Nintex CEO Eric Johnson (Photo Credit: Nintex)

Nintex CEO Eric Johnson (Photo Credit: Nintex)

Nintex acquires EnableSoft in company acquisition

Bellevue-based company is a world leader in workflow automation industry.

Bellevue-based tech company Nintex has acquired EnableSoft, a robotic automation provider, to strengthen its workflow management platform.

Nintex, which generated $100 million in revenue in 2017, is one of the largest companies in the workflow automation industry.

The move was announced March 4 on Nintex’s official blog by Eric Johnson, CEO of Nintex. Johnson lauded the functionality and accessibility of EnableSoft’s product, Foxtrot RPA, and committed himself to bringing Foxtrot to serve even more clients.

RPA stands for “robotic process automation.” Foxtrot RPA is a program that uses bots to systematically automate busywork and repetitive data-entry tasks for businesses. Instead using employee time to manually update customer information, or create financial documents, Foxtrot is able to automate these processes quicker than competing software, even at Nintex.

“We want to make RPA beneficial and affordable to enterprise organizations,” Johnson said, “paired with the rest of our process management and automation offerings like process mapping, workflow automation, forms, mobile apps, document generation, and e-signatures.

Johnson said that while RPA was a fantastic product, a limited client base meant that it “failed to scale across the enterprise as buyers expected.” The acquisition of EnableSoft means that Foxtrot will be integrated into Nintex’s automation platform, helping both Nintex and EnableSoft customers.

This isn’t Nintex’s first acquisition to strengthen its platform. Nintex acquired Promapp last year to increase the accessibility of its automation processes. Nintex, a privately-held company, did not publicly acknowledge how much it acquired these firms for.

Nintex has been expanding, acquiring companies that expand its process mapping and automation software, and even branching out into the e-signing market. The company struck a deal with Adobe last month to offer electronic document signing services through Nintex. This move puts them in direct competition with DocuSign, the market leader in e-signature technology with a market cap at more than $9 billion.

The global workflow automation industry is in its infancy, but demand for automation software is already booming in several markets. The industry is valued at $5.22 billion, but according to an Orian Research report, the industry will grow to more than $29 billion by 2026.

More in Business

Stephanie Quiroz/staff photos
                                Greater Kirkland Chamber of Commerce celebrates with owner Kimberly Johansen, the Empowered Pregnancy team, friends, and family on the grand opening of Empowered Pregnancy, PLLC on May 9.
Second out-of-hospital birth center comes to Kirkland

Community welcomed Empowered Pregnancy Birth Center and Women’s Wellness Clinic on May 9.

‘Busy’ housing market enters pre-summer phase

As the pre-summer market begins, standing out from the crowd is crucial for buyers.

The data visualized here was compiled from Apartment List’s monthly rent reports. See an interactive chart below. Kailan Manandic / data illustration
Eastside rental market could balance out with the region

Eastside rent medians increased by 2.8 in the past year, a decrease in growth from previous years.

The current Board of Directors for the Greater Kirkland chamber of Commerce. Photo courtesy of the the Greater Kirkland chamber of Commerce
Greater Kirkland Chamber of Commerce celebrates centennial

The 100-year celebration will take place during the chamber’s annual gala.

Nintex acquires EnableSoft in company acquisition

Bellevue-based company is a world leader in workflow automation industry.

Paige Bisbee, of Bellevue is a paid employee at Davis Wright Tremaine in Bellevue. As part of the law firm’s inclusive program, Bisbee distributes snacks and office supplies to her co-workers. Stephanie Quiroz/staff photo.
People with disabilities find purpose through new employment opportunities

Paige Bisbee of Bellevue finds employment at Davis Wright Tremaine

Local inventory is up as buyers and sellers prep for spring real estate market

February’s snowfall temporarily slowed down sales.

Kristina Perdue sets up her vendor booth for cosmetic distributor SeneGence International. Before starting the Kirkland Women’s Show, Perdue and other Eastside vendors would have to travel out of the Eastside just to compete with bigger corporate vendors. Photo courtesy of Kristina Perdue
Local business owner starts Kirkland’s first vendor show

The Kirkland Women’s Show will take place at Kamiakin Middle School on March 30.

Stocks stay strong for Smartsheet, Microsoft, T-Mobile

Fortune 500 functionality, Hololens technology, 5G network contribute to growth

Kirkland’s McAdams Remodeling & Design receives Best Of Houzz award

The custom design-build residential remodeler was chosen by more than 40 million monthly users from the Houzz community.

Praerit Garg joins Smartsheet as CTO

Bellevue-based company employs 760 people

A comparison of how many life science companies are on the Eastside and in other Washington cities. Photo illustration by Kailan Manandic
Life science hits its stride on the Eastside

Life science has strong roots in Washington, contributing economically and scientifically.